Fuel prices in Europe jump by 3.9% to $111 per megawatt-hour. The increase comes against the backdrop of supply disruptions and fears of a drop in stocks as winter approaches. Gas reserves in the EU countries stand at approximately 71.5 percent, compared to a seasonal average of approximately 92 percent. American liquefied natural gas accounts for about 57 percent of European imports after a drop in supplies from the Gulf states.

Fuel prices in Europe jump by 3.9% to $111 per megawatt-hour. The increase comes against the backdrop of supply disruptions and fears of a drop in stocks as winter approaches. Gas reserves in the EU countries stand at approximately 71.5 percent, compared to a seasonal average of approximately 92 percent. American liquefied natural gas accounts for about 57 percent of European imports after a drop in supplies from the Gulf states.